BrikoX@lemmy.zipM to Technology@lemmy.zipEnglish · 1 year agoVizio agrees to pay $3 million for alleged ‘false’ refresh rate claimswww.theverge.comexternal-linkmessage-square13fedilinkarrow-up187arrow-down11
arrow-up186arrow-down1external-linkVizio agrees to pay $3 million for alleged ‘false’ refresh rate claimswww.theverge.comBrikoX@lemmy.zipM to Technology@lemmy.zipEnglish · 1 year agomessage-square13fedilink
minus-squareColeSlothlinkfedilinkarrow-up1·1 year agoBut how could you define a percentage for every little thing that may come up? When is the percentage decided during the case, and who decides it?
minus-squareBrikoX@lemmy.zipOPMlinkfedilinkEnglisharrow-up1·1 year agoFines and other sanctions are decided by the European Commission under Digital Markets Act (DMA) and Digital Services Act (DSA).
minus-squareColeSlothlinkfedilinkarrow-up1arrow-down1·1 year agoSo really it’s just the same thing with an extra step. They decide how much money it should cost the company, look of the companies profits, and give a percentage that matches the value they wanted.
minus-squareBrikoX@lemmy.zipOPMlinkfedilinkEnglisharrow-up1·edit-21 year agoEven at the lowest 1% fine of annual revenue would have been 17 million. So no, 3 million =/ 17 million. At maximum 6% it would have been 102 million.
But how could you define a percentage for every little thing that may come up? When is the percentage decided during the case, and who decides it?
Fines and other sanctions are decided by the European Commission under Digital Markets Act (DMA) and Digital Services Act (DSA).
So really it’s just the same thing with an extra step. They decide how much money it should cost the company, look of the companies profits, and give a percentage that matches the value they wanted.
Even at the lowest 1% fine of annual revenue would have been 17 million. So no, 3 million =/ 17 million. At maximum 6% it would have been 102 million.
There’s a max of only 6%